Afternoon Brief, February 27th
US FTC Suing to Block $25 Billion Kroger-Albertsons Supermarket Deal: The U.S. Federal Trade Commission and eight states said on Monday they are suing to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons, saying it would boost grocery prices for millions of Americans...
Afternoon Brief, January 3rd
U.S. Wine Market Dips 2% By Volume, but Sees First Value Increase Since 2020: With the U.S. wine market facing uncertain economic conditions and increased competitive pressure from other drinks categories, total volume decreased an estimated 2% to 322 million 9-liter cases in 2023, according to Impact Databank...
Afternoon Brief, January 2nd
France Buys Back Bordeaux: China's love affair with Bordeaux properties is ending as more investors bring châteaux back into French hands...